Common use of Automatic Renewal; Termination Clause in Contracts

Automatic Renewal; Termination. Unless either party shall give written notice of their intent not to renew this Agreement at least 30 days prior to the end of the Term (including any renewal term), this Agreement shall automatically be renewed for an additional 12 month period under the same terms and conditions. Either party may terminate this Agreement upon 30 days advance written notice to the other party. Notwithstanding the forgoing, Agent may terminate this Agreement immediately and without notice if, in Agent’s sole discretion: (i) Owner fails or refuses to pay any fee owed to Agent or to cooperate with Agent in the management of the Property; (ii) Owner’s actions or other circumstances present a risk of harm to Agent, any Tenant or the Property.

Automatic Renewal; Termination. Unless either party shall give written notice of their intent not to renew this Agreement at least 30 days prior to the end of the Term (including any renewal term), this Agreement shall automatically be renewed for an additional 12 12-month period under the same terms and conditions. Either party may terminate this Agreement upon 30 days advance written notice to the other party. Notwithstanding the forgoing, Agent may terminate this Agreement immediately and without notice if, in Agent’s sole discretion: (i) Owner fails or refuses to pay any fee owed to Agent or to cooperate with Agent in the management of the Property; (ii) Owner’s actions or other circumstances present a risk of harm to Agent, any Tenant or the Property.

Automatic Renewal; Termination. Unless either party shall give written notice of their intent not to renew this Agreement at least 30 days prior to the end of the Term (including any renewal term), this Agreement shall automatically be renewed for an additional 12 12-month period under the same terms and conditions. Either party may terminate this Agreement upon 30 days advance written notice to the other party. Notwithstanding the forgoing, Agent may terminate this Agreement immediately and without notice if, in Agent’s sole discretion: (i) Owner fails or refuses to pay any fee owed to Agent or to cooperate with Agent in the management of the Property; (ii) Owner’s actions or other circumstances present a risk of harm to Agent, any Tenant or the Property.